Current Updates

India’s much-hated e-commerce policy is doing what companies could not in years

A government policy that was seen as a death knell for several Indian e-commerce companies is instead proving to be a big boon for the sector. The cash burn of e-commerce players in India is expected to decline to 12%...

New e-commerce policy - Indian retailers seek to override the fallout

The advent of e-commerce in India 'smartly' altered the shopping habits of Indian netizens. Anything and everything - from groceries to apparel to electronics etc. – is now just a click away. For a while, it appeare...

India: The National Policy On Software Products 2019

The Union Cabinet on February 28, 2019 has approved the National Policy on Software Products to develop India as a Software Product Nation and aims to formulate several schemes, initiatives, projects and measures for ...

Firms scramble to reply to draft ecommerce policy within a week

US technology companies and Indian startups are working overtime to put together a response within a week to the government’s proposed ecommerce policy, which is being touted as a digital economy policy that will ha...

With the General Election set to occur in the next 60 days; the 16th Lok Sabha has been dissolved. The last session of the Parliament which concluded on February 13 saw the lapse of at least 22 Bills passed ...

The Union Cabinet on Tuesday (19 February) approved the National Electronics Policy 2019 which aims to achieve a turnover of Rs 2,600,000 crores ($400 billion) by 2025 via the domestic electronics manufactur...

National Electronics Policy 2019 to boost manufacturing drive exports

Industry experts believe that the National Electronic Policy 2019, passed last week by the Union Cabinet, can provide an impetus to Make in India (MII) and its efforts to become a global hub for Electronic System Desi...

Amid speculation over the shape of the Narendra Modi government’s last Budget before the Lok Sabha polls, the finance ministry on Wednesday clarified that it will be called ‘Interim Budget 2019-20’. “This Budg...

Foxconn awaiting Rs 1,000 crore GST refund

Foxconn, the world’s largest contract manufacturer, has flagged its concerns to the government over delays in refunds of about Rs 1,000 crore under the goods and services tax regime, saying one of its key India unit...

Will India's new FDI e-commerce policy save the brick-and-mortar retailers

Concerned about the impact of online shopping on their business, brick-and-mortar retailers in India had long been lobbying the government to tighten rules on e-commerce giants in India. Traditional retailers like Pra...

Amazon beefs up cloud business, data centre infrastructure in India

Amazon is beefing up its data centre infrastructure and cloud services business in India as the clamour around data localisation grows louder every day. The Seattle-headquartered company has infused around Rs 1,3...

Foxconn's Terry Gou wants to be peacemaker between US, China and Taiwan

The chairman of Apple supplier Foxconn said on Monday he told U.S. President Donald Trump that he wanted to be the peacemaker between the United States, China and self-ruled Taiwan, which&nbsp...

India may reject US demand for outright ban on Huawei

Pointing out countries such as the UK and Germany that are "pushing back" the US pressure on barring Huawei from 5G network deployments, India may join these developed countries in rejecting Washington’s insist...

Karbonn to relaunch Sansui brand in India

Home-grown mobile phone maker Karbonn Mobiles has acquired the brand licence of Japanese consumer electronics brand Sansui for the Indian market, marking its entry into the television and white goods segment and mirro...

India will keep out Chinese vendors from its 5G trials expected to start next month, though this may be reviewed later, said officials. A telecom ministry panel has recommended spectrum tests for telecom firms that wi...

Retail, Telecom to Support RIL’s Journey on Bourses

The muted earnings growth from Reliance Industries’ core energy vertical in the quarter ended March may narrow the performance gap between the company’s stock and the Nifty 50 index. The Reliance stock has outperf...

Major display issues bug Samsung’s Galaxy Fold phone

Ahead of its public release scheduled for April 26, U.S.-based tech reviewers who were testing the $2,000 worth ‘Galaxy Fold’ encountered and reported major display and screen-related issues within just two days o...

In a first, Apple starts iPhone 7 production in India

Giving an impetus to its India manufacturing plans, Apple has started the assembling of iPhone 7 at its supplier Wistron's facility in Bengaluru. Taiwanese industrial major Wistron already assembles iPhone 6S in the c...

Apple Starts iPhone 7 Manufacture In India

Giving an impetus to its India manufacturing plans, Apple has started the assembling of iPhone 7 at its supplier Wistron's facility in Bengaluru. Taiwanese industrial major Wistron already assembles iPhone 6S in the c...

Micromax Founder Rahul Sharma to Venture into Electric Mobility Space

When one thinks of Micromax, the first thing that comes to mind is smartphones. Micromax also manufactures and sells tablets, air conditioners, LED TVs, laptops, power bands and sound bars. It's safe to say then that ...

Tech giant Amazon is strengthening its data centre business in India by reinforcing Amazon Data Services India (ADSI) with an INR 1,380 Cr ($198.2 Mn) investment, according to documents seen by business intelligence p...

Qualcomm and Apple Drop All Litigation Worldwide

Qualcomm and Apple have announced an agreement to dismiss all ongoing litigations, including with Apple's contract manufacturers, between the two companies worldwide. The deal would result in a massive cash wind...

Samsung Launches New SpaceMax™ Series Side-by-Side Refrigerator in India

Ø Samsung India has launched its new SpaceMax™ Series Side-by-Side Refrigerator lineup that will be available in two-door and three-door options. Samsung is the market leader in the Side-by-Side Refrigerator ...

India's largest retailer Reliance Retail's mobile phones and consumer electronics have boosted the retail business and crossed the $5-billion revenue mark in March 2019 augmenting its market presence. The retail giant...

Panasonic India eyeing 20% share in full-frame mirror less camera segment in a year

Consumer electronic major Panasonic India is aiming to garner around 20 per cent market share in the full-frame mirror less camera segment with sale of around Rs 100 crore within a year, a top company official said. T...

ETtech Top 5: India's social media scrutiny, IT firms under cyber-attack & more

Social media, content, and gaming apps are grappling for a way to deal with heightened regulatory scrutiny as Indian courts step in to stem the flood of so-called objectionable content on these platforms, in one of th...

State focuses of alternative electronics hubs

The state government is laying emphasis on developing alternative hubs for the manufacture of electronic equipment, ranging from mobiles, drones, solar and other components. "We have developed three Electronic Manufac...

India launches first electronic intelligence-gathering satellite

The Indian Space Research Organisation (ISRO) has launched the first electronic reconnaissance satellite developed by the state-run Defence Research and Development Organisation (DRDO) to detect enemy radar and gather...

Government Bodies float tenders for 500 EV charging stations

Government bodies like Energy Efficiency Services Limited (EESL), Rajasthan Electronics and Instruments Limited (REIL) and National Thermal Power Corporation (NTPC) has floated tender for over 500 electric vehicle cha...

Finally, the writing's on the wall. The Union Cabinet, under the chairmanship of Prime Minister Narendra Modi, has come forward with a planned electric vehicle (EV) strategy. The government is planning to set up a Nat...

Westway Electronics eyes Rs 1,000 crore turnover over three years

Westway Electronics Ltd, the maker of India’s first colour television, is targeting a turnover of Rs 1,000 crore over the next three years. The consumer electronics company, which is present predominantly in north I...

Indian Navy's submarine 'Vela' of Project 75 launched

The Navy on Monday launched the Scorpene-class submarine Vela, the fourth of six underwater warships being built in India with French collaboration, with an aim to boost Indian capability to defend and secure the stra...

Army to induct 460 Russian-origin tanks to add muscle on Pakistan front

The Indian Army will induct an additional 464 Russian-origin upgraded T-90 'Bhishma' main-battle tanks at a cost of Rs 13,448 crore in the 2022-2026 time frame to bolster its "shock and awe" capabilities on the wester...

IEA warning against stagnation of renewables

Last year saw 180 GW of renewable energy generation capacity installed worldwide, according to the International Energy Agency (IEA). Although the figure is impressive, and matched the amount added in 2017, the I...

Rooftop solar needs greater push to reach 2022 target: IEEFA

Rooftop solar is the fastest growing renewable energy sub-sector in India but installations must rapidly accelerate if the nation is to meet its ambitious renewable energy target of 175 GW by 2022—according to ...

New factory-focused solar tender reportedly in the offing

With domestic solar manufacturing in the doldrums and India’s first manufacturing-linked PV tender having been met with a tepid response, the nation is mulling a new procurement exercise to develop an indu...

India has overly restrictive market barriers

While the U.S. is India’s largest export destination, India is only the 13th largest for the U.S. due to “overly restrictive market access barriers,” U.S. Commerce Secretary Wilbur Ross said on Tuesday. “India...

IIT-B researchers develop ‘Made in India’ microprocessor

Engineers from the Indian Institute of Technology Bombay (IIT Bombay) have developed a microprocessor called AJIT, the first to be conceptualized, designed, developed and manufactured in India. The innovation, which h...

RP tech India Opens 50 E-Waste Collection Centers Pan India

In a bid to tackle the growing menace of E-Waste, RP tech India, Country’s only value-added distributor has commenced 50 e-waste Collection points across the country. The Company has collaborated with Reteck Envirot...

Govt. reworking strategic sale procedure for CPSEs

The finance ministry is reworking strategic sale procedure to ensure outright sale of Central Public Sector Enterprises (CPSEs) within 4 months of issuance of documents to potential investors, a move aimed at ensuring...